German powerhouse Siemens AG on Monday said it would shed its 34% stake in the Franco-German joint venture AREVA NP S.A.S., citing a “lack of exercising entrepreneurial influence within the joint venture” as the reason behind the move.

Belarus, the country worst affected by the 1986 nuclear accident in Chernobyl, Ukraine, last week moved forward with plans to build its first nuclear power plant, naming Russian company Atomstroiexport to build it.

Following a press briefing this morning, President Barack Obama signed new executive orders intended to spur “swift action” on both U.S. economic recovery and American energy independence.

By Kennedy Maize   Congress will make a big mistake if it provides money for accelerated wind power development as part of the Obama administration’s new economic stimulus program, according to veteran energy analyst Glenn Schleede. Instead, he says in a recent privately-published paper, “Investment in energy efficient light bulbs would save more than five […]

By Kennedy Maize
Congress will make a big mistake if it provides money for accelerated wind power development as part of the Obama administration’s new economic stimulus program, according to veteran energy analyst Glenn Schleede. Instead, he says in a recent privately-published paper, “Investment in energy efficient light bulbs would save more than five times as much electricity in five years as an equal dollar investment in wind turbine would produce in 20 years.”

By Kennedy Maize A retired Entergy Co. executive, who has loads of hands-on operating experience at nuclear power plants, is a major contender for an open seat on the U.S. Nuclear Regulatory Commission. Daniel F. Packer Jr., 61, who was the first African-American to manage a U.S. nuclear power plant (Entergy’s Waterford plant), confirmed to […]

The $825 billion economic stimulus bill rolled out last week by House Democrats includes $19.96 billion of tax incentives for wind and solar energy, $53.75 billion for direct spending on energy technology programs largely focused on energy efficiency and on the national grid, and $18.27 billion for water and environmental spending.

The U.S. Department of Agriculture (USDA) last week announced it would loan up to $300 million to Basin Electric Power Cooperative’s demonstration project to capture carbon dioxide at its Antelope Valley Station near Beulah, N.D.

GE-Hitachi is reportedly expecting to get orders for six to eight nuclear power reactors in India while Larsen & Tourbo (L&T) and Westinghouse Electric Co. announced Friday they would jointly build Westinghouse’s AP1000 pressurized water reactors and seek orders in the country.

Mississippi Power last week filed for a certificate of public convenience and necessity at the Mississippi Public Service Commission (MPSC) to build a 582-MW integrated gasification combined cycle (IGCC) power plant in Kemper County. The plant represents the first advanced gasification generating facility with carbon capture capabilities in Mississippi, and one of the first in the country.